Raymond James Trust N.A. Has $129,000 Stake in AGNC Investment Corp. (NASDAQ:AGNC)

Raymond James Trust N.A. decreased its stake in shares of AGNC Investment Corp. (NASDAQ:AGNC) by 17.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 13,187 shares of the real estate investment trust’s stock after selling 2,795 shares during the period. Raymond James Trust N.A.’s holdings in AGNC Investment were worth $129,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Coppell Advisory Solutions Corp. acquired a new stake in shares of AGNC Investment during the 4th quarter worth approximately $27,000. Coppell Advisory Solutions LLC bought a new stake in shares of AGNC Investment during the second quarter worth $29,000. Worth Asset Management LLC bought a new stake in shares of AGNC Investment during the first quarter worth $35,000. Bruce G. Allen Investments LLC bought a new stake in shares of AGNC Investment during the fourth quarter worth $37,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of AGNC Investment by 128.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,580 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 2,015 shares during the period. Institutional investors and hedge funds own 38.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on AGNC shares. StockNews.com upgraded AGNC Investment from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. Royal Bank of Canada dropped their price objective on AGNC Investment from $11.00 to $10.00 and set an “outperform” rating on the stock in a research note on Thursday, January 25th. Compass Point initiated coverage on AGNC Investment in a research note on Tuesday, February 20th. They issued a “buy” rating and a $10.25 price objective on the stock. Keefe, Bruyette & Woods boosted their target price on AGNC Investment from $8.50 to $10.00 and gave the company an “outperform” rating in a research report on Wednesday, December 13th. Finally, UBS Group reissued a “neutral” rating and set a $9.00 price objective on shares of AGNC Investment in a report on Wednesday, December 6th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, AGNC Investment currently has an average rating of “Moderate Buy” and a consensus price target of $10.06.

Insider Buying and Selling

In other AGNC Investment news, CFO Bernice Bell sold 10,000 shares of AGNC Investment stock in a transaction on Friday, January 26th. The shares were sold at an average price of $9.85, for a total value of $98,500.00. Following the completion of the transaction, the chief financial officer now owns 287,282 shares of the company’s stock, valued at $2,829,727.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.43% of the stock is currently owned by corporate insiders.

AGNC Investment Stock Performance

Shares of AGNC opened at $9.79 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.26 and a quick ratio of 0.26. AGNC Investment Corp. has a one year low of $6.81 and a one year high of $10.64. The company has a 50-day simple moving average of $9.61 and a two-hundred day simple moving average of $9.28. The firm has a market capitalization of $6.80 billion, a PE ratio of 979.00 and a beta of 1.45.

AGNC Investment (NASDAQ:AGNC) last announced its quarterly earnings results on Monday, January 29th. The real estate investment trust reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.11. The company had revenue of $640.00 million during the quarter, compared to the consensus estimate of $570.42 million. AGNC Investment had a net margin of 7.59% and a return on equity of 28.02%. During the same quarter last year, the firm earned $0.74 earnings per share. On average, analysts anticipate that AGNC Investment Corp. will post 2.16 EPS for the current fiscal year.

AGNC Investment Dividend Announcement

The firm also recently disclosed a mar 24 dividend, which will be paid on Tuesday, April 9th. Stockholders of record on Friday, March 29th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a dividend yield of 14.8%. AGNC Investment’s payout ratio is currently 14,400.00%.

About AGNC Investment

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).